The company reported standalone net profit of Rs 19.30 crore for the quarter ended March 31, 2025 as compared to Rs 21.28 crore in the same period last year, registering a year-on-year decline of 9.30 per cent.
Net revenue of the company rose moderately by 13.94 per cent at Rs 517.12 crore in January-March quarter of this fiscal as against Rs 453.87 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 16.70 per cent to Rs 487.16 crore from Rs 417.46 crore in year ago period.
Other Income grew by 38.21 per cent at Rs 2.93 crore versus (Mar'24 Rs 2.12 crore).
Operating Profit slipped by 17.69 per cent to Rs 29.97 crore as against Rs 36.41 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 27.81 per cent in March quarter.
Interest declined by 56.38 per cent y-o-y to Rs 1.23 crore, while Taxation decreased by 37.74 per cent at Rs 4.57 crore (Mar'24 Rs 7.34 crore).